XBI - the next sector to move...

Discussion in 'ETFs' started by yobo, May 7, 2009.

  1. yobo


    XBI is off its april lows in a nice uptrend apexing against the downtrend line from February.

    Rotation into this etf/sector has begun. Its also been the dog during this amazing run up.

    Look at the chart and do your own analysis, but to me the downtrend line has been tested and broken.

    I do have a position for disclosure.